Overview
What is Tang Foundation For The Research Of Traditional Chinese Medicine?
The Tang Foundation for the Research of Traditional Chinese Medicine is a nonprofit organization located in Las Vegas, Nevada. With a team of three dedicated individuals, its primary mission is to conduct medical investigations, experiments, and studies to uncover, develop, and validate knowledge related to traditional Chinese medicine. This endeavor aims to advance our understanding and application of traditional Chinese medicinal practices. The foundation's activities revolve around medical research in this field, working diligently to discover and verify the effectiveness and potential of traditional Chinese medicine.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Tang Foundation For The Research Of Traditional Chinese Medicine has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charitable organization scored only 53% overall, with a particular emphasis on the lack of independent board members, which raises questions about governance and oversight.
The foundation does show some strengths, particularly in its financial management, as it has reported no material diversion of assets and a program expense ratio of 100%. This suggests that all its expenses are directed towards its mission-related activities. However, the absence of critical governance policies such as conflict of interest and whistleblower policies reflects a lack of transparency and could jeopardize its operational integrity.
In summary, while the Tang Foundation appears committed to its mission through financial allocation, its governance structure and missing policies represent a significant area of concern that potential donors and stakeholders should consider when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Tang Foundation For The Research Of Traditional Chinese Medicine legitimate?
Tang Foundation For The Research Of Traditional Chinese Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tang Foundation For The Research Of Traditional Chinese Medicine submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,370
For more financial information, click here
What is the mission statement of Tang Foundation For The Research Of Traditional Chinese Medicine?
The Tang Foundation for the Research of Traditional Chinese Medicine is dedicated to pursuing medical advancements in the field of traditional Chinese medicine. Their mission involves conducting investigations, experiments, and studies to uncover, develop, and validate knowledge related to this ancient practice. The primary objective is to expand the understanding and application of traditional Chinese medicine, aiming to contribute to its evolution and potential benefits for various health conditions. The foundation's activities aim to promote evidence-based practices in traditional Chinese medicine, helping to establish its credibility and improve patient care.
Who is the CEO of Tang Foundation For The Research Of Traditional Chinese Medicine?
Vytas Ambutas is the President of Tang Foundation For The Research Of Traditional Chinese Medicine.
What is the revenue of Tang Foundation For The Research Of Traditional Chinese Medicine?
Tang Foundation For The Research Of Traditional Chinese Medicine's revenue in 2022 was $46,979.
Who are the executives of Tang Foundation For The Research Of Traditional Chinese Medicine and what are their salaries?
The average compensation at Tang Foundation For The Research Of Traditional Chinese Medicine during 2022 was $21,457. There are 3 employees at Tang Foundation For The Research Of Traditional Chinese Medicine.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tang Foundation For The Research Of Traditional Chinese Medicine?
Tang Foundation For The Research Of Traditional Chinese Medicine's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tang Foundation For The Research Of Traditional Chinese Medicine
Tang Foundation for the Research of Traditional Chinese Medicine is dedicated to advancing the field of traditional Chinese medicine (TCM) through rigorous scientific investigation. Their mission is to conduct extensive research, including experiments and studies, with the aim of uncovering, developing, and validating knowledge related to TCM. By engaging in this pursuit, the foundation seeks to contribute to the broader understanding and application of traditional Chinese medicine, potentially paving the way for new treatments and therapies.
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Impact
August, 2024
The Tang Foundation For The Research Of Traditional Chinese Medicine is making a significant impact in the field of medical research by conducting investigations, experiments, and studies to discover, develop, and verify knowledge relating to traditional Chinese medicine. Based in Las Vegas, Nevada, the foundation is dedicated to advancing the understanding and application of traditional Chinese medicine through rigorous scientific research. Their work holds the potential to not only deepen our understanding of this ancient healing tradition but also to explore new treatment options and improve healthcare outcomes for patients. By focusing on medical research, the Tang Foundation is contributing to the evolution and integration of traditional Chinese medicine into modern healthcare practices.
This information is meant to be a general summary of Tang Foundation For The Research Of Traditional Chinese Medicine. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46,979
- Gross Receipts: $46,979
Assets and Liabilities:
- Total Assets: $3,385,019
- Total Liabilities: $95,945
- Net Assets: $3,289,074
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Organization Details
Founding Year
1996
Phone
(702) 734-3700Principal Officer
Vytas Ambutas
Main Address
8960 SPANISH RIDGE AVE, LAS VEGAS, NV, 89148
NTEE Category
Code: H900 - Medical research
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